Within the Confirming activity, the management of sending remittances is a process that, a priori, can be trivial. However, this is a key phase in which different business areas of the entity are involved (such as Operations, Sales and Technology) and in which it is essential to successfully address one of its main problems: the management of the large variety of formats that have emerged over the years. (more…)
A few years ago, Factoring in Colombia was a non regulated activity and its reputation was not very good (in some cases, it was even related with a lack of financial health). These conditions made the development of this product very difficult. In fact, as it is said in Actualícese, less than a 5% of SMEs accesed to this financial tool in 2019. (more…)
Confirming or Supplier Financing programs known as Supply Chain Finance (SCF) have proven to be a good tool for managing payments from companies as well as providing financing for their SME suppliers. Since its origin, the product has undergone many variations, improvements, and advances in the market, all of which have served to demonstrate how important it has become to its users as it continues to add value to them in particular and the market in general.
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There is a key aspect managing the financing of trade credit, in general, and reverse factoring, in particular, which is not always well designed and used, from a trade, operational and risk point of view, in contrast to other financing arrangements: big data.
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From this forum of opinion and ideas, that is the Alvantia Blog, we would like to put forward our humble vision of the situation in which we are currently embroiled, and will continue to experience over the next few days and weeks. We will look at this in a strictly economic and financial context and particularly from the point of view of a simple analysis and forecast of what may happen in the coming months, specifically, the liquidity that the network of SMEs and the self-employed will need.
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It’s a fact that there are new technological trends that are currently revolutionising the financial markets. The term Blockchain has become an everyday word in practically everyone’s vocabulary, as it refers to the technology being used by the banking sector to reinvent itself.
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Since September 1st, Fintech Finalbion moves to the avant-garde on innovation after implementing the Alvantia commercial financing platform into its own systems, backing up its disruptive business model with the most innovative technological solution on the market. Finalbion, who specializes in the financing of working capital, now operates under Alvantia platform, which has been implemented with huge success by Alvantia’s team and will be used by Finalbion from now on to manage their receivables and payables services, among others.
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On 25 and 26 April, the Spanish Factoring Association (AEF) held its thirty-sixth General Meeting at the emblematic Hotel Carlton in Bilbao. Once again, Alvantia sponsored this event, which brings together the main players in the commercial finance industry in Spain.
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On 21 and 22 March, Lisbon played host to the V edition of the EU Factoring and Commercial Finance Summit, a key event in the Factoring and Commercial Finance industry in which Alvantia participated as Gold Sponsor.
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